The company received a letter from the regulator informing it that the Hong Kong stock exchange listing committee has decided to cancel Evergrande Group’s listing.
Evergrande Stock to Delist in China Property Crisis Milestone
China Evergrande Group said its Hong Kong stock will be delisted, marking the end of an era for the former high-flying developer whose demise came to symbolize the country’s property bust.
China Evergrande to be delisted from Hong Kong stock exchange following debt woes
The heavily indebted real estate developer, China Evergrande, is set to be delisted from Hong Kong’s stock exchange on August 25.
HSBC flags 73% of Hong Kong commercial property loans as risky
The jump means that 73 per cent of HSBC’s Hong Kong commercial real estate loans are either impaired or marked as having increased credit risk, up from less than 30 per cent a year ago. HSBC put aside …
Govt urged to ease property tax, investment rules
The head of an association representing real estate developers in Hong Kong on Tuesday called on the government to cut property taxes and ease …
Property crisis continues! China South City ordered to liquidate by Hong Kong court; biggest since Evergrande
China South City, a major Chinese construction firm, faces liquidation following a Hong Kong High Court order, mirroring the Evergrande situation and highlighting the ongoing property sector crisis.
China and the U.S. clash at the U.N. over the Panama Canal
The Trump administration has pressured China to have the Hong Kong-based operator of ports at either end of the canal sell those interests to a U.S. consortium.
State-backed developer China South City gets liquidation order
China South City on Monday became the first state-backed property developer to get a liquidation order from the Hong Kong High Court since the Chinese property sector tipped into a debt …
Luxury $22 Million Hong Kong Home Bought by XPeng’s Brian Gu
The vice chairman and co-president of electric vehicle maker XPeng Inc. bought a luxury home in Hong Kong, as the city’s property market hovers around a nine-year low.
Hong Kong ultra-luxury homes: mainland Chinese buyers drive US$3 billion buying spree
Mainland buyers account for 80 per cent of 35 deals in last year and a half, including five above HK$1 billion (US$127 million) Hong Kong’s super luxury property market has seen 35 transactions worth …